funding rounds
AI
LLMs
Europe
Aleph Alpha
News
EU investors including Bosch, SAP pump $500 million into "sovereign" AI firm Aleph Alpha
The investment comes as a Google DeepMind paper poured some cold water on the AI hype, finding "various failure modes of transformers and degradation of their generalization for even simple extrapolation tasks" if these are out of its training data domain.
Enterprise IT
Featured
Hazy
synthetic data
UK synthetic data startup Hazy raises $9m Series A
Synthetic data specialist Hazy has raised $9 million in a Series A round that will be used to scale the British startup. Funding was led by Conviction VC, with strategic investors including Nationwide and Wells Fargo. Originally a UCL AI spin out, London-based Hazy uses AI-generated synthetic data that preserves...